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Indian Finance Minister Nirmala Sitharaman raised concerns about insurance mis-selling, emphasizing its contribution to higher borrowing costs for customers. She urged banks to focus on affordable lending rates to support industrial growth and advocated for digital financial inclusion. Sitharaman highlighted India's economic resilience and the need for transparency in banking practices.
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The Indian government has updated its guidelines for Central Public Sector Enterprises (CPSEs) capital restructuring. The revisions include new minimum dividend payout ratios and criteria for share buybacks, bonus share issues, and stock splits to improve financial management.
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Parents will also be able to view and manage their child's account, including limiting their screen time.
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News and Media
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